USDA Weekly Export Sales Report Week Ended July 24, 2025 | |
| Corn | |
| Actual Sales (in MT) | 2024-25: 340,900 |
| Expectations (in MT) | 2024-25: 200,000-800,000 |
| Actual Sales (in MT) | 2025-26: 1,891,900 |
| Expectations (in MT) | 2025-26: 600,000-1,600,000 |
| Net sales of 340,900 MT for 2024/2025 were down 47 percent from the previous week and 46 percent from the prior 4-week average. Increases primarily for Japan (175,400 MT, including 170,000 MT switched from unknown destinations and decreases of 13,800 MT), Mexico (93,300 MT, including decreases of 4,600 MT), Saudi Arabia (50,600 MT, including 50,000 MT switched from unknown destinations), South Korea (50,000 MT), and Morocco (33,200 MT, including 30,000 MT switched from unknown destinations), were offset by reductions for unknown destinations (113,000 MT), El Salvador (15,000 MT), Ireland (1,300 MT), Panama (400 MT), and Malaysia (100 MT). Net sales of 1,891,900 MT for 2025/2026 were primarily for unknown destinations (657,700 MT), South Korea (467,000 MT), Mexico (388,300 MT), Japan (272,000 MT), and Guatemala (28,000 MT). | |
| Weekly Export Details | Exports of 1,488,700 MT were up 41 percent from the previous week and 10 percent from the prior 4-week average. The destinations were primarily to Japan (577,200 MT), Mexico (545,300 MT), Honduras (72,900 MT), Morocco (57,200 MT), and Saudi Arabia (50,600 MT). |
| Comments and Performance Indicators | Export commitments are 27.6% ahead of a year-ago. USDA projects exports in 2024-25 at 2.750 billion bu., 22.0% above the previous marketing year. |
| Wheat | |
| Actual Sales (in MT) | 2025-26: 592,100 |
| Expectations (in MT) | 2025-26: 300,000-700,000 |
| Weekly Sales Details | Net sales of 592,100 metric tons (MT) for 2025/2026 were down 17 percent from the previous week, but unchanged from the prior 4-week average. Increases primarily for unknown destinations (196,900 MT), the Philippines (82,000 MT), Ecuador (71,000 MT, including 33,000 MT switched from Colombia and decreases of 38,800 MT), Mexico (69,300 MT, including decreases of 11,400 MT), and Nigeria (55,400 MT, including 53,800 MT switched from unknown destinations), were offset by reductions for Colombia (32,500 MT), Mauritius (30,000 MT), the Dominican Republic (20,000 MT), and Italy (8,500 MT). Total net sales of 38,000 MT for 2026/2027 were for unknown destinations. |
| Weekly Export Details | Exports of 296,700 MT were down 61 percent from the previous week and 46 percent from the prior 4-week average. The destinations were primarily to Mexico (55,900 MT), Nigeria (55,400 MT), Japan (51,200 MT), South Korea (40,700 MT), and Ecuador (35,000 MT). |
| Comments and Performance Indicators | Export commitments are 15.1% ahead of year-ago. USDA projects exports in 2025-26 exports are projected at 825 million bu., up 16.9% from last year. |
| Soybeans | |
| Actual Sales (in MT) | 2024-25: 349,200 |
| Expectations (in MT) | 2024-25: 100,000-300,000 |
| Actual Sales (in MT) | 2025-26: 429,500 |
| Expectations (in MT) | 2025-26: 100,000-600,000 |
| Weekly Sales Details | Net sales of 349,200 MT for 2024/2025 were up noticeably from the previous week and up 4 percent from the prior 4-week average. Increases primarily for Egypt (102,400 MT, including 51,000 MT switched from unknown destinations and decreases of 8,700 MT), Mexico (81,900 MT), the Netherlands (75,600 MT, including 69,000 MT switched from unknown destinations), Germany (57,400 MT), and Japan (30,700 MT, including 30,500 MT switched from unknown destinations and decreases of 600 MT), were offset by reductions for unknown destinations (56,800 MT), Thailand (600 MT), and South Korea (100 MT). Net sales of 429,500 MT for 2025/2026 were primarily for Mexico (213,200 MT), unknown destinations (191,500 MT), Indonesia (10,000 MT), Malaysia (6,300 MT), and Nepal (5,000 MT). |
| Weekly Export Details | Exports of 499,600 MT were up 65 percent from the previous week and 63 percent from the prior 4-week average. The destinations were primarily to Egypt (154,400 MT), Mexico (79,100 MT), the Netherlands (75,600 MT), Germany (57,400 MT), and Japan (33,300 MT). |
| Comments and Performance Indicators | Export commitments are running 12.6% ahead of a year-ago. USDA projects exports in 2024-25 at 1.865 billion bu., up 7.7% from the previous marketing year. |
| Soymeal | |
| Actual Sales (in MT) | 2024-25: 77,100 |
| Expectations | 2024-25: 100,000-300,000 |
| Actual Sales (in MT) | 2025-26: 132,000 |
| Expectations | 2025-26: 100,000-250,000 |
| Weekly Sales Details | Net sales of 77,100 MT for 2024/2025--a marketing-year low-- were down 58 percent from the previous week and 71 percent from the prior 4-week average. Increases primarily for the Philippines (41,800 MT), Morocco (22,000 MT, including 20,000 MT switched from unknown destinations), Japan (11,200 MT, including 8,000 MT switched from unknown destinations and decreases of 100 MT), Mexico (7,700 MT, including decreases of 5,500 MT), and Honduras (7,100 MT, including 5,500 MT switched from El Salvador and 500 MT switched from Nicaragua), were offset by reductions primarily for unknown destinations (27,500 MT), El Salvador (5,500 MT), Venezuela (4,500 MT), Belgium (2,900 MT), and Nicaragua (500 MT). Net sales of 132,000 MT for 2025/2026 were primarily for Mexico (67,300 MT), Venezuela (26,700 MT), Colombia (20,000 MT), Guatemala (7,000 MT), and unknown destinations (6,000 MT). |
| Weekly Export Details | Exports of 311,000 MT were down 2 percent from the previous week, but up 4 percent from the prior 4-week average. The destinations were primarily to Japan (78,900 MT), the Philippines (50,300 MT), Guatemala (48,800 MT), New Zealand (33,000 MT), and Mexico (22,700 MT). |
| Comments and Performance Indicators | Export commitments are 12.6% ahead of a year-ago. USDA projects exports in 2024-25 will increase 9.7% from the previous marketing year in 2023-24. |
| Soyoil | |
| Actual Sales (in MT) | 2024-25: 2,500 |
| Expectations (in MT) | 2024-25: 0-15,000 |
| Actual Sales (in MT) | 2025-26: 600 |
| Expectations (in MT) | 2025-26: 0-8,000 |
| Weekly Sales Details | Net sales of 2,500 MT for 2024/2025 were down noticeably from the previous week and down 56 percent from the prior 4-week average. Increases primarily for Venezuela (5,000 MT switched from unknown destinations) and Mexico (2,600 MT), were offset by reductions for unknown destinations (7,500 MT). Total net sales of 600 MT for 2025/2026 were for Mexico. |
| Weekly Export Details | Exports of 9,100 MT were up noticeably from the previous week and up 95 percent from the prior 4-week average. The destinations were Venezuela (5,000 MT), Mexico (3,400 MT), and Canada (700 MT). |
| Comments and Performance Indicators | Export commitments are well ahead of year-ago. USDA projects exports will more than quadruple in 2024-25. |
| Cotton | |
| Actual Upland Sales (in RB) | 2024-25: 39,100 |
| Weekly Sales Details | Net sales of Upland totaling 39,100 RB for 2024/2025 were down noticeably from the previous week, but up noticeably from the prior 4-week average. Increases primarily for Vietnam (27,100 RB, including 1,100 RB switched from South Korea, 300 RB switched from Hong Kong, and decreases of 100 RB), Turkey (13,200 RB), Pakistan (5,800 RB, including decreases of 500 RB), Bangladesh (3,000 RB, including decreases of 100 RB), and Honduras (1,200 RB), were offset by reductions primarily for Thailand (9,000 RB), South Korea (1,100 RB), Mexico (700 RB), Ecuador (600 RB), and Hong Kong (300 RB). Net sales of 71,700 RB for 2025/2026 were primarily for Vietnam (27,400 RB), Honduras (13,800 RB), Pakistan (5,900 RB), Turkey (5,400 RB), and India (5,100 RB). |
| Weekly Export Details | Exports of 230,900 RB were up 25 percent from the previous week and 10 percent from the prior 4-week average. The destinations were primarily to Vietnam (66,400 RB), Turkey (44,400 RB), Pakistan (32,300 RB), Bangladesh (30,500 RB), and India (16,600 RB). Net sales of Pima totaling 100 RB for 2024/2025 were down 98 percent from the previous week and 97 percent from the prior 4-week average. Increases reported for Pakistan (1,400 RB), were offset by reductions for India (1,300 RB). Net sales of 5,000 RB for 2025/2026 were primarily for China (1,700 RB), Bangladesh (1,400 RB), India (900 RB), Indonesia (300 RB), and Bahrain (200 RB). Exports of 8,700 RB were up 73 percent from the previous week, but down 17 percent from the prior 4-week average. The destinations were primarily to India (4,700 RB), China (1,300 RB), Pakistan (1,000 RB), Egypt (900 RB), and Thailand (400 RB). |
| Comments and Performance Indicators | Upland cotton export commitments are running 0.4% behind a year ago. USDA forecasts total cotton exports will fall 0.4% from a year ago to 11.80 million bales in 2024-25. |
| Beef | |
| Actual Sales (in MT) | 2025: 8,500 |
| Weekly Sales Details | Net sales of 8,500 MT for 2025 were down 49 percent from the previous week and 30 percent from the prior 4-week average. Increases primarily for Japan (1,700 MT, including decreases of 500 MT), Canada (1,700 MT), South Korea (1,200 MT, including decreases of 500 MT), Taiwan (1,000 MT), and Mexico (1,000 MT, including decreases of 100 MT), were offset by reductions for the United Kingdom (100 MT). |
| Weekly Export Details | Exports of 12,300 MT were down 2 percent from the previous week and 5 percent from the prior 4-week average. The destinations were primarily to Japan (3,500 MT), South Korea (3,400 MT), Mexico (1,300 MT), Taiwan (1,000 MT), and Canada (1,000 MT). |
| Comments and Performance Indicators | USDA projects 2025 exports will fall 9.3% from a year ago. |
| Pork | |
| Actual Sales (in MT) | 2025: 39,500 |
| Weekly Sales Details | Net sales of 39,500 MT for 2025 were up noticeably from the previous week and up 85 percent from the prior 4-week average. Increases were primarily for Mexico (23,100 MT, including decreases of 600 MT), Japan (8,100 MT, including decreases of 100 MT), South Korea (3,300 MT, including decreases of 100 MT), Colombia (900 MT, including decreases of 100 MT), and Honduras (900 MT). Total net sales of 100 MT for 2026 were for Japan. |
| Weekly Export Details | Exports of 26,800 MT were down 3 percent from the previous week and 6 percent from the prior 4-week average. The destinations were primarily to Mexico (11,600 MT), J |
| Comments and Performance Indicators | USDA projects exports in 2025 will fall 2.1% from last year. |
Hefty new crop corn sales
USDA reported weekly sales for 2025-26 totaled 1.89 MMT during the week ended July 24, topping analysts’ pre-report range. Net old-crop soybean sales were also stronger-than-expected.
(Chip Flory)